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Human Errors Happen

Elliot Silver
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Last year, I won a non-.com auction at Dynadot. The domain name may be considered a typo of another word word, but this “typo” has 100+/- TLDs registered, which is what caught my attention. In fact, at least 15 of those TLDs are developed, so there’s quite a bit of usage around this brandable term.

Shortly after buying the domain name for less than $20, I listed it for sale on Afternic. Somehow, I mistyped the domain name and listed the correctly spelled non -.com domain name. Apparently, when I later searched my Afternic account for the domain name and didn’t see it, I added it a second time – this time with the actual domain name I bought and own.

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How I Would Use an AI Agent / Tool for Domain Investing

Elliot Silver
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I hand registered around 40 domain names this month. This is abnormally high, but I had a couple of recent sales in the category and figured I would use some of the income from those sales to try and generate additional sales.

I registered these domain names in two groups – one of about 30 domain names followed by 10 additional domain names. I thought I set up nameservers and sales listings correctly, but I realized I must have forgotten to create the correct listings for the last 10 domain names. The nameservers were set correctly, but they did not resolve as expected since I apparently did not create their sale listings as I thought.

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2025 ICA Award Winners Announced

Elliot Silver
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The Internet Commerce Association (ICA) held its awards presentation last night during its annual meeting in Las Vegas. The domain industry at-large nominated people from within the industry for the Lonnie Borck Memorial Award and nominated companies for the new Trailblazer Award. ICA membership then voted on the winners, which were announced last night.

Richard Lau was the recipient of the 2025 Lonnie Borck Memorial Award. Richard has been in the domain investment space for many years. In addition to founding, co-founding, and funding numerous companies in this industry, Richard may be best known for creating the largest annual industry event – NamesCon.

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Requesting my ACH Fee Report from GoDaddy

Elliot Silver
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One of the nice things about having an Account Manager at GoDaddy is that he can help pull reports for me that would take longer for me to pull. At the beginning of the year, I ask my Account Manager to send me a report of all renewals I paid the previous year so I can accurately track this cost on my expense report. One report that isn’t available for me to download on my own is the $.90 ACH fee report.

GoDaddy has a policy of charging customers $.90 for every outgoing ACH payment it sends. Regardless of whether a sale is for $150,000 or a monthly LTO payment is for just $80, GoDaddy charges $.90 per ACH it sends customers. If a customer has multiple payouts going out on the same day, as in the case of LTO deals, GoDaddy will typically batch the payments together and charge only one $.90 fee. I am not certain if GoDaddy will batch 2 LTO deals and a BIN deal in the same payment if they are due on the same day, but it’s possible that happens, too.

As far as I can see, GoDaddy doesn’t even report this fee to customers. You can look at the image above and see the payout amount on top and the amount deposited into my bank account – it differs by $.90.

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Spend.com Auction Extended by 24h Due to Technical Difficulties (Updated)

Elliot Silver
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When I was following the end of the DropCatch auction of Spend.com, I was unable to visit the landing page due to a website error. Observing the auction from the homepage, bidding had surpassed $700,000, and it appeared to be closing at $702,500 with more than 300 bids placed.

Due to the technical errors that were plaguing the platform, the auction was extended by 24 hours. In fact, there’s a message on top of the website stating “We are currently addressing issues with auctions ending today and will be extending those auctions.”

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Heading to the ICA Meeting on Sunday

Elliot Silver
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Attending the ICA member meeting in Las Vegas last January was one of my business highlights of 2024. It’s always nice to catch up with colleagues and friends who I haven’t seen in a long time. I am heading out to Las Vegas for this year’s meeting on Sunday. I appreciate the advocacy work the ICA does on behalf of domain investors, and I am proud to be a member the organization.

The meeting will be held January 26-28 at Resorts World in Las Vegas. There are quite a few social events planned throughout the course of the meeting schedule, but truthfully, I haven’t booked any of them for myself yet. I tend to use those times when people are off doing things to catch up on my own work – auctions, inquiries…etc. I play tennis regularly, but I may swing by the pickleball tournament.

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